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Metlock Company purchased equipment for $285,600 on October 1,2025 . It is estimated that the...

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Accounting

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Metlock Company purchased equipment for $285,600 on October 1,2025 . It is estimated that the equipment will have a useful life of 8 years and a salvage value of $12,000. Estimated production is 48,000 units and estimated working hours are 19,000. During 2025 . Metlock uses the equipment for 530 hours and the equipment produces 1,100 units. Compute depreciation expense under each of the following methods, Metlock is on a calendar-year basis ending December 31. (Round rate per hour and rate per unit to 2 decimal places, e.s. 5.35 and final answers to 0 decimal places, e.s. 45.892.)

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